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Equity Trustees confirms international strategyBY ELIZABETH MCARTHUR | FRIDAY, 13 SEP 2019 11:08AM
Equity Trustees' London-based fund services business has been appointed authorised corporate director for the $88 billion River and Mercantile Funds.
Read more: Australia, Mercantile Funds, Australian RE, Equity Trustees Mick O'Brien, David Hanratty, ACD, Harvey Kalman, Investment Company, Mercantile Global High Alpha Fund, Pioneer Investments, Variable Capital
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The Queensland-headquartered asset manager has appointed a general manager for capital solutions, and an investment director in its state investments team.
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New York based ARP Investments has entered the Australian market through a partnership with Axius Partners.
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A fourth person has been sentenced to four years imprisonment for their role in a syndicate that allegedly defrauded the Commonwealth of over $105 million.
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The International Monetary Fund has predicted global public debt will rise to its highest levels in history as a result of the economic fallout from the COVID-19 pandemic.
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